Technical View of Bank Nifty & CNX IT, 24 November 2017

Bank Nifty Intraday levels

Today, 25750 is crucial for Intraday.

If Bank Nifty sustains below 25750 then it could test 25700 and below that level it could test 25650.

Instead, if Bank Nifty trades above 25750 then it could test 25950.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 24 November 2017

Reliance

Today, 945 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 945 is crucial for short term. Positional long trades can be initiated above 945 for a target of 960. Trade short below 945 for a target of 935.